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Company News, 2006-11-09, 12:00 PM

ThyssenKrupp Stainless AG expands distribution network: New service center in Poland

ThyssenKrupp Stainless AG is expanding its service offering and developing new markets. As part of this, a new service center was officially inaugurated today in Poland. ThyssenKrupp Stainless Polska, a subsidiary of ThyssenKrupp Stainless International GmbH, is based in Dabrowa Górnicza (near Katowice) and will mainly serve the Polish market, where demand for stainless steel flat products is growing. Supplies to the Baltic states will also be made from this location.

"The companies of the Stainless group see themselves as dependable partners to their global customers from areas such as the automotive, appliance and electrical sectors. To enable us to serve these customers as locally as possible, we are constantly expanding our distribution network in the form of service centers, sales offices and distribution warehouses. The growing Eastern European stainless market is of increasing importance for us, which is why we have now established a base in Poland," said Jürgen Fechter, Executive Board Chairman of ThyssenKrupp Stainless AG, at the inauguration of the Polish service center. The new facility has been realized in close cooperation with ThyssenKrupp Energostal, a subsidiary of ThyssenKrupp Services. The project will be integrated into the ThyssenKrupp Stainless service center network, which the company is using to grow in existing markets and move into new ones.

ThyssenKrupp Stainless Polska in Dabrowa Górnicza has commenced operations with 35 employees and will process and distribute the entire ThyssenKrupp Stainless product range. It has cut-to-length and slitting lines as well as modern surface grinding/polishing equipment. In addition to business with flat products, ThyssenKrupp Stainless Polska also offers processing services for welded stainless steel tubes. The stainless markets in Central and Eastern Europe are also served by the Hungarian service center ThyssenKrupp Silco Inox, a further subsidiary of ThyssenKrupp Stainless International.

ThyssenKrupp Stainless International (Krefeld) supports the direct sales activities of ThyssenKrupp Nirosta in Germany and ThyssenKrupp Acciai Speciali Terni in Italy. The company has around 450 employees and sells some 850,000 metric tons of material a year, generating revenues of 1.28 billion euros in fiscal 2004/2005. ThyssenKrupp Stainless International currently has service centers in the United Kingdom, France, Spain, Poland, Hungary and Turkey as well as a sales company in the Benelux countries and a warehouse with processing facilities in Southern China. The service centers are equipped with cut-to-length and slitting lines and can offer a variety of finishes, such as ground and brushed.

ThyssenKrupp Stainless AG (Duisburg), is the holding company for all the ThyssenKrupp Group's activities in flat-rolled stainless steel and nickel alloys. Its subsidiaries with plants in Germany, Italy, Mexico and China employ a total of 12,200 people. In fiscal year 2004/2005 the company achieved sales of around 5.6 billion euros.

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